Home360 load boardA Look At The Industry Of Transportation And Of Trucking Here In The United States

A Look At The Industry Of Transportation And Of Trucking Here In The United States

August 29, 2018

The industry of trucking is hugely important here in the United States, particularly for the transport of goods from one part of the country to the next. With twelve million or so trucks, train cars, and other vessels moving goods from place to place in this country, the transportation industry is one that is thriving. There are even very nearly six million vehicles on the road specifically for the purpose of transporting goods. There’s no doubt about it that the industry of transportation is hugely important to many other industries in the United States, and brings in quite a bit of money as well. Why, less than truckload shipping (LTL shipping) alone has an estimated market worth of around thirty five billion dollars when all is said and done, a number that is only projected to grow in the years that are to come. In fact, the value of freight moved across the country is only projected to continue to grow in value in the years that are to come soon in the future. For instance, the value of freight per ton in the year of 2007 was only around eight hundred and eighty dollars, if not just over. By the time that we reach the year of 2040, now just over twenty years away from our current date here in the year of 2018, this value per ton of freight is expected to increase to be above one thousand and three hundred and seventy dollars.

On top of this, the overall amount of freight that will be transported is also expected to grow considerably and more types of load boards will be more essential than ever before. Aside from the types of load boards, the need for load broker software and load board integration systems are also likely to need to increase and become more widespread throughout the industry of transportation. In recent years, the trucking industry alone has transported more than fifteen billion tons of cargo, all processed through various types of load boards as well as other essentials of the trucking industry, as well as things like tms systems and freight management software. While this might already seem like an immensely large number (and, to be fair, it is one), it is a number that is only projected to grow by quite a bit in the years that are to come. By the time that we reach the year of 2040, the same as was discussed above, the amount of freight and cargo that is hauled around the country by trucking services will exceed eighteen billion tons by the end of that year.

So what is behind this immense growth in the need for the growth of the transportation industry and trucking services? To put it simply, online shopping. The industry of ecommerce has already been found to have a total revenue that now exceed four hundred and twenty three billion dollars, an immense amount of money by any means and any standards, and this number is only set to increase in the years that come as the popularity of online shopping also continues to grow. From LTL shipments to types of load boards, the industry of transportation and specifically of trucking (as is obvious in the discussion of types of load boards), has needed to adjust and change the way it functions in many ways thanks to the increase in the demand for online shopping platforms. And when it comes to online shopping and the types of load boards and other trucking essentials that are used, people now want things as quickly as possible and are opting more and more frequently for overnight shipping as well as same day shipping.

The importance of the transportation industry cannot be underestimated here in the United States. The need for transportation is growing, and is even likely to continue to grow as the demand for online shopping also continues to climb. Some might even say that online shopping is even beginning to drive the transportation industry in the United States.